The article discusses the concept of demand management in macro-economic policy, focusing on the monetarist approach popular in the 1980s. Monetarism believed that controlling the money supply could control inflation, but this theory was oversimplified. The relationship between money supply and prices is more complex, influenced by factors like credit availability and business conditions. The study highlights the limitations of the direct link between money supply and inflation, emphasizing the role of broader economic factors in shaping price levels.